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Disneyland Workers Vote to Authorize A Strike To Protest Wages and Benefits
Disneyland employees in California have authorized a potential strike, with nearly 99% of union members supporting the move amid ongoing contract negotiations over wages and benefits.
Xi Pledges Financial Support to Debt-Ridden Local Governments
President Xi Jinping announced strategies to strengthen the finances of China's indebted local governments, which include increasing their financial autonomy and opening infrastructure to private ente
China Unaffected by Global Microsoft Outage, Thanks to Local Tech Investment
On July 19, a global Microsoft Windows outage disrupted foreign businesses and luxury hotels, but China’s key infrastructure remained largely unaffected, following the country’s push for tech self-suf
Mukesh Ambani's Reliance Industries Reports 5.4% Profit Decline, Its Fifth Consecutive Quarter Drop
Reliance Industries Ltd. reported a 5.4% profit decline for the quarter ending June 30, falling short of expectations due to ongoing issues in its oil-to-chemicals sector, despite a 12% revenue increa
Over 3.3 Million Bissell Steam Cleaners Recalled Due to Burn Hazard After Injury Reports
Bissell has recalled 3.3 million Steam Shot Handheld Steam Cleaners in North America due to a burn risk, following over 150 injury reports linked to the defect.
Boeing Plans Major Overhaul to Rebuild Trust Following 737 Max Crashes That Cost Them $30 Billion
Boeing, facing severe financial and reputational damage from the 737 Max crashes, is implementing a comprehensive recovery plan involving better safety measures, workforce training, and buying back it
Stellantis Recalls Over 24,000 Minivans Over Battery Fire Risk; Owners Advised to Park Outdoors
Stellantis recalls over 24,000 plug-in hybrid minivans due to a potential battery fire risk, advising owners to park outdoors and avoid charging. At the same time, they investigate a defect linked to
Tech Glitch Hits Microsoft Services, Causing Stock Prices to React Negatively
A recent update to CrowdStrike Falcon Sensor software caused widespread "blue screen of death" errors for Microsoft users worldwide, impacting both individuals and businesses and resulting in a 1.3% d
John Deere Is Dropping Its Diversity Initiatives Following Backlash From Conservative Activists
The company also said it will no longer participate in or support "external social or cultural awareness parades, festivals, or events.”
Social Security Benefits Lost 20% of Buying Power Due to Inflation, Outlook for 2025 Is Grim
To compensate for the lost value, payments would need to increase to more than $4,400 a year. Read more here.
OpenAI Launches ‘GPT-4o Mini’ Ahead of Meta’s Llama 3 Release, New Model 60% Cheaper
The new mini-model is an offshoot of GPT-4o, the company's fastest and most powerful AI model to date. Learn the features of this new model here.
S&P 500, Dow Industrial Average Slumps Amid Possible September Interest Rate Cut From the Federal Reserve
The S&P 500 slid 0.78% on Thursday while the Dow fell 1.29%. Read more about it here.
US Presidential Elections 2024 May Impact Financial Market, Personal Investments
Previous election seasons saw the S&P 500 slump and the Dow Jones Industrial Average trade below 11,000.
Netflix Q2 Earnings Call Imminent — What Is Expected of Streaming Service?
Netflix is expected to report its second-quarter earnings on July 18, with everyone on Wall Street paying close attention to any of the details or information the streaming service would provide about
Harnessing Marine Power: Blusink's Approach to Sustainable and Scalable CO₂ Removal
Climate change is one of the most serious threats facing our planet today. Rising CO₂ levels in the atmosphere are causing global warming and making our oceans more acidic.
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